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Fox

29, High Street, Steventon, Abingdon, OX13 6RZ Pub Code: 2000008101

Pub Code: 2000008101

Foundation Tenancy

Est Min Ingoing Costs: £14,216

Annual Rent: £32,592

The Fox inn  is located in the Village of Steventon, close to Abingdon and Didcot. The pub is surrounded by residential housing. The Fox Inn has 6 stylish rooms, recently refurbished to a beautiful standard, adding an additional income stream to this lovely gastro pub.

The pub benefits from being one of 4 pubs found in an area of around 1450 adults. The main customer base is made up of employed adults and families and mature adults.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their marketing strategy, food & drinks menu and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Car Park

  • Childrens Play Area

  • Foundation Tenancy

  • Catering Kitchen

  • Letting Rooms

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

  • 6 letting rooms
  • Separate dining area
  • Catering kitchen
  • Large garden area with children’s area
  • SmartDispense
  • Car park for 25

Private Accommodation

Private accommodation consists of 1 bedroom, a living room, kitchen, bathroom.

Pub Financials Icon

Estimated Total Ingoing Costs

£54,648


Estimated Minimum Ingoing Costs

£14,216

Annual Rent
£32,592
Estimated Annual Turnover
£428,665
Deposit
£8,148
Estimated Fixtures & Fittings Value
£35,000
Estimated Stock Valuation
£8,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

29, High Street, Steventon, Abingdon, OX13 6RZ

Google map location image of Fox
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